r/fatFIRE

My wife and I both work in tech and got substantial raises this week, bringing our annual salary in 2023 to $1.5M combined. We have roughly $1.7M saved and are aiming to hit our fat fire goal of $8.5M by 2030. I seriously can't believe I'm in this fi

I recently did a detailed analysis to figure out what is my lifetime carbon footprint and how many trees would I need to plant now be net zero by the end of my life. I was surprised that my carbon footprint was fairly bigger than most people due to a

45M, NW of $16-19MM (depending on how I value certain illiquid investments and future tax liabilities) about half of it liquid. I still work, and expect to make somewhere between $3-8MM this year (I work in a job where my pay can vary dramatically).

Snippet from the article below. Also a reminder to fatFire that if you have more than $250k in cash at a bank, you can always call the treasury department at your bank and have them distribute your cash in 250k chunks to different banks to ensure FDI

Mostly due to 2020-2021 runs certain tech stocks. Nio, tlry, tsla, amc/gme I want to tell my mom. I have no problem with that but I’m afraid she’s going to slip and tell her extended family and her golf /church friends. I don’t trust any of my fri

Per StreetAccount citing The Information - “SVB Financial CEO asks clients to stay calm in call earlier today -- The Information ($103.50 -$164.33) The Information reports SIVB CEO Greg Becker said on a call with the bank's VC clients earlier today

My wife and I are about to have kids and I’m a bit concerned about making their lives too comfortable. Some background, my wife is a physician earning about $450k a year and I had a mid 8 figure exit a few years ago. We both still work (I consult for

S&P 500-based index funds and total US stock market index funds have returned an average of over 10% annually for the past thirty years. Owning rental properties hardly seems like passive income and more like a side job. Buying a property, fixing it

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Kind of an odd question but I appreciate that there are a number of fastidious souls who research or get extensive input before significant expenditure. Long story short I have chronic neck issues and have to replace mattress. I understand that it’

Backstory: early 30s, netting a few million per year and growing 20% yoy, girlfriend of around 1.5 years, have lived together for about 6 months. She's about to get a masters in English, makes almost no money. I'm fully confident she loves me for my

I’m gonna be light on personal specifics as I don’t think it pertains much to this situation. A few times in the past year as my success has become more known (I own a series of operating businesses and I’m in my mid thirties). There have been 3 in

Hello! I’ve been following this subreddit for awhile and finally would like to solicit some advice. I recently exited my company and now have a $10m NW as a 31 y/o female. I don’t have any desire to work again and am hoping to just live on passive in

I have $25k in cash in a safe at home, just in case of crisis or opportunity. The SVB closure is a perfect example of why I keep some physical cash in addition to my investments. How much actual paper money do you keep on hand? I’m a typical pos

Hi guys, so my husband and I are both fatfire (so are our parents). For the past 4 years, I had a lot of trouble having a baby (2.5 years of IVF with 7 rounds all resulting in only miscarriages, failures, and a lot of heartache). My doctor, who is pr

I'm not interested in explaining why it's important that I continue contributing or why I'm not starting another business immediately as they're not intrinsically relevant to the question. But (how?) do people continue contributing to retirement acco

I see a wild range of home costs here relative to income and I’m curious of your responses. I don’t intend this to be an exercise in dick measuring so feel free to use %. I live in a central flyover state so my expenses are irrelevant to some I’m

My wife and I are due with a girl (thank you, thank you) in May. It will be our first. In the assumption we can almost do whatever (and that we still want to "raise" our child), what are some FIRE things that you absolutely recommend that changed y

Curious as to when you older Fats or nearing Fat folks decided to share your finances / NW with your kid(s). I'll assume they were at least adults, but wondering why and at what age? Personal data point: We decided to share ALL details with our mi

Would love some intel from other folks at the higher end of the spectrum here. I day-dream about owning a heavy jet. It would have a huge TV and a bed. How great would that be? I'm conscious about trading investing power for a cost sink. How do o